Ask the Community
Ask any professional question and get answers from other specialists.
1:Financial Liabilities 1. Accounts Payable: Amounts owed to suppliers or vendors for goods or services purchased on credit. 2. Notes Payable: Formal written promises to ... See More
Current Libilities a company's short-term financial obligations that are due within one year or within a normal operating cycle.Long Term Libilites wchich Payble m C ... See More
There are three types of Liabilities: 1. Current Liabilities - which are due for payament within 12 months, e.g. bank overdraft 2. Long term liabilities - which are due f ... See More
1. Current Liabilities Definition: These are short-term financial obligations that a company is required to pay within one year or within its operating cycle, whichever ... See More
The different liabilities are: - Account payables - Accrued expenses - Long terl debt - Income tax payables - Pension liabilities
Current Liabilities are those liabilities which is to be set off within the FY such as Accounts payable, Tax Liability and Accrued Expenses etc. Long Term Liabilities are ... See More
1. Current Liabilities (Short-term)These are obligations that are due within one year or within the company’s operating cycle (whichever is longer). They include: Accoun ... See More
1. Current Liabilities: These are obligations that are expected to be settled within a year or company's operating cycle, whichever is longer. eg: Accounts payable, ... See More